In brief
Microsoft's first quarter of fiscal 2027 saw revenue climb 19 % to $92.28 billion and net income rise 32 % to $36.63 billion, largely powered by cloud computing gains. The company also returned $10.2 billion to shareholders through dividends and share repurchases.
Microsoft announced on Wednesday that its revenue for the quarter ended September 30 rose 19 % year‑over‑year to $92.28 billion, while net income climbed 32 % to $36.63 billion.
Chief Financial Officer Amy Hood said the company "made a strong start to its new fiscal year," noting that revenue, operating income and earnings per share all exceeded expectations.
The growth was led by Microsoft Cloud, which increased 30 % to $63.9 billion, and by the Azure cloud platform, which surged 48 % to $33.17 billion. Microsoft 365 commercial and consumer cloud revenue also grew 17 % each.
Investments in the artificial‑intelligence company OpenAI added a net gain of $207 million in the quarter, compared with a $3.09 billion loss a year earlier, boosting adjusted net income to $36.42 billion.
During the quarter the company returned $10.2 billion to shareholders through dividends and share repurchases.
